ASCENDSOFT RELEASES EASE, ITS NEW ENTERPRISE APPLICATION SOLUTIONS ENVIRONMENT Fremont, CA, July 15, 2003 - Ascendsoft releases EASE©, its new Enterprise Application Solutions environment which encapsulates the entire life-cycle of eBusiness solutions from strategy all the way through implementation. "EASE consists of a various tools, templates, libraries and processes for rapid application development without compromising software quality, scalability, extensibility or security" said Pawan Mehta CEO and CTO of Ascendsoft. "Development of software using EASE cuts development time by 40% and software defects by 30%" he further added. About Ascendsoft Founded in 1995, Ascendsoft provides innovative eBusiness solutions to global Fortune 1000 and emerging Internet companies in the areas of Technology, Finance, Storage, Retail and Healthcare.

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